News Detail

Date/Time
30 Aug 2021 18:58:00
Headline
Update the progress of the purchase of shares in Siam Future Development Public Company Limited and the tender offer for all the remaining shares in such company
Symbol
CPN
Source
CPN
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                Acquisition or disposition of assets

(Translation)
30 August 2021

No. 51/2021/038

Update the progress of the purchase of shares in Siam Future Development Public 
Company Limited and the tender offer for all the remaining shares in such
company

To    The President,
The Stock Exchange of Thailand

Reference is made to the disclosure information of Central Pattana Public 
Company Limited ("the Company") concerning the entering into the Share Sale and
Purchase Agreement with Major Cineplex Group Company Limited and the Group of
Shareholders which details are shown in the information disclosed to the Stock
Exchange of Thailand ("SET") dated 25 August 2021.
The Company would like to inform that Central World Company Limited ("Central 
World") (the subsidiary in which the Company direct and indirect holds 100% of
shares) has now completed the purchase of shares in SF on 30 August 2021 for an
aggregate of 1,111,781,388 shares, or equal to 52.15% of the total issued and
outstanding shares of SF at the purchase price of THB 12.00 per share, in a
total amount of THB 13,341,376,656.
After the completion of shares purchase, the number of shares held by the 
Company and Central World is 1,199,370,588 shares or equal to 56.26% of the
total issued and outstanding shares of SF.  Therefore, Central World is required
to make a tender offer for the remaining shares in SF with the amount of
932,550,343 shares (equal to 43.74% of the total issued and outstanding shares
of SF) in accordance with the rules and conditions prescribed in the
Notification of the Capital Market Supervisory Board No. ThorChor. 12/2554 Re:
Rules, Conditions and Procedures for the Acquisition of Securities for Business
Takeovers (as amended), at the same price as that of the purchase price of THB
12.00 per share as specified in the Share Sale and Purchase Agreement, in an
approximate amount of THB 11,191 million ("the tender offer").  After the tender
offer, the Company has a plan to delist SF from being a listed company in the
SET.  If the matter gains clarification, information shall be disclosed to the
SET.

Your acknowledgment of these matters would be appreciated.

Sincerely,
-Ampawee Chompoopongkasem-
(Ms. Ampawee Chompoopongkasem)
Company Secretary
______________________________________________________________________

Tender Offer

Subject                                  : Tender offer
Listed company subject to tender offer   : SIAM FUTURE DEVELOPMENT PUBLIC 
COMPANY LIMITED (SF)
Offeror (Update)                         :
Central World Company Limited
Tender offer period (New)                : From 10-Sep-2021 to 15-Oct-2021
Offer price
Common shares (baht per share)           : 12.00
Net price
Common shares (baht per share) (Update)  : 11.96
Tender offer                             : Not for delisting
Date of securities payment settlement    : 19-Oct-2021
(New)
Tender Offer Agent (New)                 : Bualuang Securities Public Company 
Limited
Remark (Update)                          : After the tender offer, the Company 
has a plan to delist SF from being a listed company in the SET.  If the matter
gains clarification, information shall be disclosed to the SET.
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.